Nickel Rises to 12-Week High

Base Metals Investing

Bloomberg reported the Standard & Poor’s GSCI Spot Index of 24 raw materials rose 0.4 percent with nickel in the lead.

Bloomberg reported the Standard & Poor’s GSCI Spot Index of 24 raw materials rose 0.4 percent with nickel in the lead.

As quoted in the market news:

Nickel climbed to a 12-week high on speculation that economic growth in China will boost demand amid signs of tightening supplies.

Click here to read the full Bloomberg report.

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